Policy reversal follows Cameron vow to rid UK of ‘unsightly’ structures

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Mike Mackenzie’s daily analysis of what’s moving global markets

Country’s finance minister seeks to reassure investors on impact of Covid-19

Airline’s biggest shareholder calls for CFO’s exit over failure to scrap £4.5bn Airbus order 

US benchmark S&P 500 can drop a maximum 7 per cent before first protection kicks in

Frantic trading across financial markets pushes revenues up at the exchange and financial data group

Charity Commission intervened over £350,000 of payments to Duke of York’s private secretary

Move illustrates how coronavirus impact is rippling through manufacturing supply chains

Prices rebound from March lows after miner Kazatomprom slashes production

US oil producer pledges to reduce output by more than a third in June

Biggest US oil company takes $2.9bn charge to account for crude’s plunge

Shares rally this week on hopes that spread of pandemic may be easing

Mortgage products tracking base rate vanish as ‘the numbers no longer stack up’ 

Coronavirus lockdown hits lenders’ ability to offer mortgages and evaluate properties

My love affair with the Tesla chief can’t survive the pandemic

Sportswear maker apologises but warns it cannot bear virus lockdown for long   

Billionaire investor hits winning bets in global macro after closing to external money

‘We are ready to go further,’ says French minister after issuing temporary prohibitions

FTSE 250 housebuilder also takes charge for fire safety review after Grenfell tragedy

Strategists expect concerns about eurozone stability to dent the currency

IEA expects global consumption will decline 8% this year in largest drop since second world war

More than £1bn ploughed into equity vehicles after decisive Conservative victory

Withdrawal fees soar to £104m and banks save £120m in ATM shake-up

Today Microsoft reported its third-quarter, fiscal 2020 quarter earnings, the period of time corresponding to Q1 2020 on the regular calendar. The technology giant generated $35 billion in revenue, up 15% from the year-ago period. That top line led to $13 billion in operating income (+25% YoY), and $10.8 billion in net income (+22% YoY). […]

Renewed friction between Washington and Beijing adds to coronavirus concerns

Profit forecasts ditched as coronavirus disrupts operations

Investors anticipate boost in energy demand as economies start to reopen

Tinder will add a video dating feature in the second quarter of this year, parent company Match announced on Tuesday as part of its Q1 2020 earnings report. The company also detailed the coronavirus impact, which slowed Tinder user growth in the quarter, as social distancing requirements and government lockdowns went into effect. Match didn’t […]

Post-lockdown, technology could help us contain Covid-19. But why stop there?

Commercial real estate owners, brokers and landlords have collectively made many hundreds of billions of dollars a year in recent years as the economy zipped along. Now, they’re getting clobbered by the pandemic-fueled economic crisis. Worse, their industry may be forever changed by it. To state the obvious, extracting rent from nearly anyone right now […]

The UK is entering a new world, going its own way while superpowers dominate

Amazon is in hot water with a powerful congressional committee interested in the company’s potentially anticompetitive business practices. In a bipartisan letter sent Friday to Jeff Bezos, the House Judiciary committee demanded that the Amazon CEO explain discrepancies between his own prior statements and recent reporting from The Wall Street Journal. Specifically, the letter addressed […]

Pillar of country’s economy resumes operations despite concerns over workers’ health

Charles Li will not seek reappointment when contract expires in October 2021

US asset manager apologises following comments by company’s president over debt rules

One of the most sought-after, but never quite dominated, frontiers in online media and marketplaces has been centered on local communities. Hoodline, a San Francisco-based startup, is trying to tackle this with a unique focus on news about neighborhood retail corridors. The startup has built up a network of news on about two-dozen neighborhoods across San Francisco as a sort of Trojan horse into a larger platform of hyperlocal listings and markets.

US carmaker raises spending on EV and autonomous vehicles to $20bn by 2025

FTSE 100 plumbing supplier runs into opposition from shareholders over switch to US

Tinder will add a video dating feature in the second quarter of this year, parent company Match announced on Tuesday as part of its Q1 2020 earnings report. The company also detailed the coronavirus impact, which slowed Tinder user growth in the quarter, as social distancing requirements and government lockdowns went into effect. Match didn’t […]

1. Bank defaulters flee country, CBI files case following SBI complaint after 4 yrs  Hindustan Times
2. Another Bank Defaulter Flees Country, SBI Complains To CBI After 4 Years  NDTV
3. CBI books directors of Ram Dev International for loan default  The New Indian Express
4. SBI complains to CBI after ₹411 crore loan defaulters flee country  The Hindu
5. Rs 411 crore loan defaulters flee country, SBI complains to CBI after four years  Daijiworld.com
6. View Full coverage on Google News

Shares of One Medical are worth $19.50 this morning after the venture-backed unicorn priced its IPO at $14 per share last night. The company opened at $18 before rising further, according to Yahoo Finance data. At its current price, One Medical is worth about 40% more than its IPO price, a strong debut for the […]

Fresh off of a large round of layoffs, Lyft reported its Q1 results this afternoon. The ride-hailing company disclosed that it generated revenue of $955.7 million in the first three months of 2020, up 23% from its year-ago Q1 revenue result of $776 million. The company’s net loss of $398.1 million was also an improvement […]

A franchise resurgence is on its way ... will you be ready?

Recent business shutdowns and changes to normal routines related to mitigation efforts for the 2019 novel coronavirus disease (COVID-19) have caused daily, weekday electricity demand in New York state to decrease by 11%–14% in March and April compared with expected demand, after accounting for seasonal temperature changes. Electricity demand changes in New York state and in New York City, in particular, have been more pronounced than in other parts of the country, which may partly be caused by differences in electricity consumption across regions and the varying effects of COVID-19 mitigation efforts on these sectors.

McDonald's on Friday fired its CEO, Steve Easterbrook, for violating its policy of having a relationship with an employee.

A franchise resurgence is on its way ... will you be ready?

RICHARD EDEN: When a Downton Abbey episode featured a Turkish diplomat dying while in bed with Lady Mary, viewers scarcely believed that his body could be simply whisked away.

Lady Carnarvon says although Porchy, 26, and his sister Saoirse, 28 - heirs to the magnificent stately home Highclere Castle - flew the nest, they keep returning.

Downton Abbey actor Jim Carter has hinted that the big-screen adaptation of the hit period TV series will return for a sequel.